What's the thing you fear most about being a landlord? If you answered "dealing with bad tenants," you're not alone.

There are many enjoyable aspects of being a landlord. The income is certainly nice! However, when it comes to dealing with bad tenants, some landlords can lose sleep over potential nightmare situations. How you handle a horrible tenant situation can affect your bottom line: it also affects how much you love (or hate) being a landlord. 

Don't let the fear of dealing with bad tenants keep you from owning rental property in the Detroit Metro area! Take a look at these tips for dealing with troublesome tenants.

Whether you own one property or many properties, hiring a property manager for your Michigan real estate investment often makes good financial sense.

Professional property managers can help you achieve the goals you have for your rental property. Plus, you might be surprised that not only is a property management company affordable—most landlords find using a professional property manager improves their bottom line! Most often, you'll find that their expertise and dedication exceed your expectations. From leasing your property to the daily tasks of collecting rent or performing maintenance, your property manager does it all!

Marketing your property is one of the most significant areas where it pays off to use a professional property manager, especially in West Bloomfield! Let's look at how partnering with a property management company helps you find the best tenants for your property.

From millennials to retirees, the idea of renting a home is more appealing than buying.  

For millennials, taking on a new home loan while struggling to repay college or credit card debts isn't wise. For retirees, the idea of a mortgage and home-owning responsibilities is less appealing than freedom at this life-stage. Aside from millennials and retirees, there are also individuals who simply don't want the responsibilities of owning a house. 

No matter the reason for renting, the Detroit Metro area is an ideal place to collect on the investment of a rental property. To make a rental property worth the investment, you have to find—and keep—good tenants. Where do you look? Here are three steps to finding quality tenants for your rental property!